Multifamily Podcast Network

We’ve got a great episode this week with Lior Rozhansky, an investor based in Boston, MA. It’s not often we chat with investors who are investing in expensive markets – Lior has built a sizable portfolio of small to mid size multifamily properties within Boston, where properties sell for $300k-$500k/door!

In this episode we break down how he was able to find good deals (and cash flow!) in an expensive market. Lior shares the unique strategies that he employs to find cash flowing deals and how he successfully works with numerous housing programs throughout the city. Lior also shares numerous tactical tips for the listeners who want to implement this strategy into their business. We also touch on topics including managing in house, developing basic systems, and outsourcing basic management tasks. Lior shares his insights on how he goes about finding off-market deals, such as direct mail, working with wholesalers, and through his network. This is a fantastic episode for those listeners looking to invest in an expensive market!


Show Notes:

3:43 Lior shares his background, along with how he got started in real estate and where his business is currently at.

5:31 Lior discusses the details associated with his first deal and how he got started in his investing career.

7:20 Lior shares his take aways from doing his first major rehab and how he learned from it to better perfect his processes moving forward.

10:58  We discusses how Lior got into multifamily, the market he was targeting, and the strategies he uses.

14:37 We provide tips to investors looking to invest in high price areas.

18:37 Lior shares how he is finding off market deals in a high priced market.

25:30 We discuss self managing vs hiring a property manager to manage your portfolio. Lior shares his thoughts on bringing management in house vs 3rd party management.

34:19 Lior shares what he would do differently if he were starting his business over again knowing what he knows now.

35:14 Lior discusses one of the best decisions he has made in his real estate career.

36:03 Lior shares his most significant business related failure and what he learned from it.

37:45 Lior talks about his short term goals for his business over the next 6-12 months.


CONNECT WITH AXEL

https://www.instagram.com/multifamilywealth/?hl=en
https://www.linkedin.com/in/axelragnarsson/
www.alignedrep.com

CONNECT WITH LIOR

Instagram – @LiorRozhanskyRE


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